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ineededausername
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September 30, 2011, 04:32:35 AM
 #301

The market is already beginning to move up now.  Not by much but a clear uptrend is there. (I'm looking at intraday charts)

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ineededausername
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October 02, 2011, 12:13:12 AM
 #302

Wow, that's massively bullish!  Grin

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proudhon
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October 02, 2011, 11:23:03 PM
 #303

OK Bitcoin, you need to quit being such a little bitch...

lol

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
jimbobway
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October 02, 2011, 11:26:42 PM
 #304

OK Bitcoin, you need to quit being such a little bitch...

lol

Not to worry.  Someday we will all be bitcoin's biatches.
ineededausername
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October 03, 2011, 12:21:36 AM
 #305

Well fuck, what happened to the upside Sad

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proudhon
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October 03, 2011, 12:44:56 AM
 #306

Well fuck, what happened to the upside Sad

Shhhhhh, we're trying reverse psychology.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
netrin
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October 03, 2011, 01:43:18 AM
 #307


Someone is determined to keep the price at $5 give or take 2%.

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ineededausername
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October 03, 2011, 01:48:40 AM
 #308


Someone is determined to keep the price at $5 give or take 2%.

That or volume is at record lows...

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netrin
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October 03, 2011, 02:25:06 AM
 #309

I don't think there's anything significant one can say about volume. USD volume / BTC volume = USD/BTC price.
USD:
BTC:

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October 03, 2011, 04:51:46 PM
 #310

Of course you can say interesting things about volume in an absolute sense.  Bitcoin is relatively thinly traded on MtGox at the moment.  That is a significant fact for anyone assessing the market.
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October 07, 2011, 11:12:11 PM
 #311

That's a big wall

(I dont always get new reply notifications, pls send a pm when you think it has happened)

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October 08, 2011, 04:46:03 PM
 #312

That's a big wall

Keep in mind, most of the support you see there is only to the $4.10 level. Below that the support curve is much shallower. I hope you saved some cash...

Yeah, I did.  To buy 7 series GPUs or FPGA miners.  So far direct buyers of bitcoin have had their asses handed to them.  Those going long through hardware investment have had a much better outcome "long term."

$416 in GPUs -> $700 in cash + $120 in GPUs (assuming $60 per 5830s, going ebay rate after costs.  Other 2 were sold weeks ago for a 10% profit).  Let's call it doubling my initial investment over 4 months.  Although it was really over the first 2 weeks, the last 3 months have been mostly worthless.
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October 08, 2011, 05:27:07 PM
 #313

How can you talk meaningfully about the support curve below 4.1 without looking at the order book?  And weren't you the one ridiculing consideration of the order book a few weeks ago?
fivebells
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October 08, 2011, 08:43:21 PM
 #314

No, but at these levels, relevant pricing data is getting pretty old.
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October 08, 2011, 10:32:48 PM
Last edit: October 08, 2011, 10:43:07 PM by dree12
 #315

No, but at these levels, relevant pricing data is getting pretty old.
Even a couple years into the future, $30 would still be a preety powerful resistance (unless the price goes back over $30).

Edit: fixed quotes
Digigami
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October 08, 2011, 11:14:05 PM
 #316

replying so I can find this thread easier Tongue
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October 09, 2011, 06:39:41 PM
 #317

Just wondering where is the average high price probability in this one?
The blue thin line seems to be missing is it at 4 or 4.15?
dree12
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October 10, 2011, 02:55:42 PM
 #318

Here the high price median got squished together with the lower quartile at $4.19.

Monday.
*chart*
Is the model probability calculated directly off support/resistance? If so, then is the overlap due to intense resistance at $4.19?
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October 11, 2011, 05:35:53 AM
 #319

Tuesday

How to read this graphics? Looks like today price should fall to 3.80 ?
dree12
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October 12, 2011, 01:35:30 AM
Last edit: October 13, 2011, 02:04:24 AM by dree12
 #320

Wednesday.

*image*
Is this painting a bleak picture? Unless the 2% happens, it looks like there won't be a rally...
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